Which of the following statements about profitability index (PI) is false?
a. The PI is a ratio of a project's net cash inflow to the project's net investment.
b. The formula for calculating the PI is : present value of net cash inflow/net investment
c. If a project is to be profitable, the PI cannot exceed 1.
d. The higher a project's PI, the more profitable that project is per investment dollar.
c
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A) comparisons B) stories C) examples D) explanations
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Indicate whether the statement is true or false
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Fill in the blank(s) with the appropriate word(s).
How do the two main types of technology relate to organizations day to day operation?
What will be an ideal response?